Category: Economy

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems
October 9, 2024 No Responses

Seplat CEO: Africa’s Abundant Gas Reserves Offer Immediate Solutions To Prevailing Problems

Africa has abundant gas reserves, and these rich reserves offer immediate solutions to the continent’s immediate and prevailing challenges if well leveraged.The Chief Executive Officer, Seplat energy Plc, Mr. Roger Brown, said this during the ongoing Africa Oil Week (AOW)...
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Nigeria Customs Partners WCO, WBG, IMF On Trade Facilitation
October 9, 2024 No Responses

Nigeria Customs Partners WCO, WBG, IMF On Trade Facilitation

The Nigeria Customs Service (NCS), in collaboration with the World Customs Organisation (WCO), the World Bank Group (WBG), and the International Monetary Fund (IMF), is holding a five-day workshop on Post Clearance Audit (PCA) in Abuja to enhance trade facilit...
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Presco Announces Resignation Of Three Directors
October 8, 2024 No Responses

Presco Announces Resignation Of Three Directors

Presco Plc has announced the resignation of Chief (Dr.) Bassey Edem, Osa Osunde and HRH., Prince Aiguobasimwin Akenzua as Non-Executive Directors of the company.According to a statement signed by the company’s Secretary, Alayo Ogunbiyi, the Directors contrib...
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NAFDAC Workers Begin Indefinite Strike
October 8, 2024 No Responses

NAFDAC Workers Begin Indefinite Strike

The Senior Staff Association Of Statutory Corporations And Government-Owned Companies (SSASCGOC), an affiliate of the Trade Union Congress of the National Agency for Food and Drug Administration and Control (NAFDAC) has begun an indefinite strike over the fail...
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Apapa Customs Command Collects N1.6tr In Q3
October 7, 2024 No Responses

Apapa Customs Command Collects N1.6tr In Q3

The Apapa Port Command of Nigeria Customs Service (NCS) collected N1,610,906,781,421.82k as at the end of the third quarter of 2024, which is higher than N1,172,414,793,960.32k attained as total revenue for the year 2023Customs Area Controller for the Command,...
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Nigeria Customs Acquires New Aircraft For Surveillance
October 7, 2024 No Responses

Nigeria Customs Acquires New Aircraft For Surveillance

As part of measures to strengthen its air surveillance capabilities, the Nigeria Customs Service (NCS) has acquired a Cessna Grand Caravan EX-208B. The Comptroller-General of Customs, Bashir Adewale Adeniyi, inspected the newly acquired aircraft on Friday, 20 ...
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Nigeria Commences Crude Oil Sales In Naira
October 7, 2024 No Responses

Nigeria Commences Crude Oil Sales In Naira

Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, explained that in line with the Federal Executiv...
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Coscharis Technologies Announces $4b Green Power Project
October 6, 2024 No Responses

Coscharis Technologies Announces $4b Green Power Project

Coscharis Technologies Limited has secured a $4 billion power project to boost Nigeria’s energy landscape.According to Coscharis Group, the initiative will harness renewable energy sources to significantly reduce the country’s reliance on fossil fu...
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IMO Scribe Meets NIMASA DG, Lauds Nigeria On Maritime Security
October 6, 2024 No Responses

IMO Scribe Meets NIMASA DG, Lauds Nigeria On Maritime Security

The Secretary-General, International Maritime Organization (IMO), Arsenio Dominguez, has commended Nigeria for leading the charge to maintain the safety and security of commercial shipping in the Gulf of Guinea.Arsenio Dominguez, who stated this during a meeti...
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Niger Delta Chamber Of Commerce Seeks Training Centres
October 6, 2024 No Responses

Niger Delta Chamber Of Commerce Seeks Training Centres

Former President, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Chief George Udagba, has enjoined the Niger Delta Chamber of Commerce, Industry Mines and Agriculture, NDCCITMA, to establish vocational training centres...
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Liyel Imoke: Alleged Expenditure Of $16b Delayed Power Sector Reforms
October 6, 2024 No Responses

Liyel Imoke: Alleged Expenditure Of $16b Delayed Power Sector Reforms

Former minister of power, who later served as Governor of Cross River State, Senator Liyel Imoke, has described alleged “expenditure” of $16 billion on the power sector by the Olusegun Obasanjo administration as misleading. Imoke, who was also Chairman of....
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Tinubu Submits Tax Reform Bills To NASS
October 4, 2024 No Responses

Tinubu Submits Tax Reform Bills To NASS

The Senate has received President Bola Tinubu’s communication seeking consideration and passage of the proposed Fiscal Policy and Tax Reform Bill to align with ongoing financial reforms of the Federal Government and enhance efficiency in tax compliance. The ...
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Hyundai Nigeria Unveils Locally Assembled CNG Vehicles With Auto Finance Options
October 3, 2024 No Responses

Hyundai Nigeria Unveils Locally Assembled CNG Vehicles With Auto Finance Options

President Bola Ahmed Tinubu’s CNG Initiative (Pi-CNG) has recorded a boost as Hyundai Nigeria rolled out CNG vehicles for various categories of automobile users across the country.Assembled in Nigeria, the models include Hyundai Grand i10, Hyundai Accent...
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NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery
October 3, 2024 No Responses

NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Thursday, disclosed that the implementation of the Federal Government directive on sale of crude oil and Petroleum products to Dangote Refinery in Naira has commenced.Speaking whe...
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